ce in the sense of socializing risk? a. A dental insurance policy that pays for two check-ups a year but nothing else. b. A comprehensive health care policy that essentially pays for everything including check ups but is very expensive c. A health care policy that is relatively inexpensive but only pays for medical expenses after a $2,000 annual deductible is met. After $2,000 the policy pays 100 percent
ce in the sense of socializing risk? a. A dental insurance policy that pays for two check-ups a year but nothing else. b. A comprehensive health care policy that essentially pays for everything including check ups but is very expensive c. A health care policy that is relatively inexpensive but only pays for medical expenses after a $2,000 annual deductible is met. After $2,000 the policy pays 100 percent
Chapter7: The Market For Health Insurance
Section: Chapter Questions
Problem 11QAP
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Which is the best example of health care insurance in the sense of socializing risk?
a. A dental insurance policy that pays for two check-ups a year but nothing else.
b. A comprehensive health care policy that essentially pays for everything including check ups but is very expensive
c. A health care policy that is relatively inexpensive but only pays for medical expenses after a $2,000 annual deductible is met. After $2,000 the policy pays 100 percent for everything.
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